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Sunday, June 16, 2024

CATEGORY

Oil & Energy

Norway and Ukraine Sign Energy Cooperation Agreement

Russia’s war of aggression against Ukraine has left large parts of the country’s energy infrastructure in ruins. In response to this crisis, Norway and Ukraine...

NNPCL Debunks Inflated Subsidy Report

The Nigerian National Petroleum Company Limited, NNPC Ltd., on Monday disowned reports in some sections of the media alleging that it inflated subsidy claims...

Revealed: How NNPCL Inflated Subsidy Claims By N3.3 Trillion

A forensic audit conducted by KPMG, a global accounting firm, has uncovered a significant discrepancy in the fuel subsidy claims made by the Nigerian...

MOSOP Congress Lay Conditions for Resumption of Oil Production in Ogoni

The Movement for the Survival of Ogoni People has reiterated its stands in strong terms the conditions that can lead to drilling of oil...

Emeka Woke Takes Helm at NOSDRA, Pledges Alignment with President Tinubu’s Vision

By Gabriel Ani Engr. Emeka Woke has been appointed as the Director General and Chief Executive Officer of the National Oil Spillage, Detection and Response...

Fuel Subsidy Set to Rise to N5.4 Trillion in 2024, Tinubu Administration Reveals

President Bola Tinubu’s administration has announced that fuel subsidies are projected to soar to N5.4 trillion in 2024, a significant increase from the N3.6...

EU and Euratom Set to Exit Energy Charter Treaty Amid Modernization Efforts

Brussels, May 30, 2024 – In a landmark decision today, the European Union and the European Atomic Energy Community (Euratom) have officially decided to withdraw...

MOSOP Rejects Geoplex Drillteq Limited

By Nwaorgu Faustinus   ***Condemns Activities of Select Chiefs The Movement for the Survival of the Ogoni People (MOSOP) has registered its displeasure against the activities of...

President Tinubu Appoints Wike’s Ally to Lead NOSDRA

President Bola Tinubu has given his approval for the appointment of Engr. Chukwuemeka Woke as the Director-General/Chief Executive Officer of the National Oil Spill...

Dangote Refinery Seeks to Purchase Millions of Barrels of US Crude Amidst Nigeria’s Oil Production Challenges

Dangote Refinery in Lagos is poised to purchase millions of barrels of US crude over the next year as it ramps up processing rates,...

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